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In 175 words or more, explain how to manage cultural risks and other factors related to...

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Finance

In 175 words or more, explain how to manage cultural risks andother factors related to a foreign operation of a multinationalbusiness. Is cultural, business, or political risk more challengingto overcome than one of the others? Why or why not? How shouldAmerican standards influence multinational businesses? Thanks inadvance

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A detailed risk assessment is required for managing the different types of risks involved in foreign operations off a multinational business Firstly identification of the different risks should be done carefully and after much research The market potential should be carefully assessed and currency exchange    See Answer
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